Cirrus Logic (NASDAQ: CRUS) director gets 1,623 RSUs and 1,998 shares
Rhea-AI Filing Summary
Cirrus Logic director William D. Mosley reported equity compensation and vesting activity. On July 31, 2026, he received a grant of 1,623 restricted stock units, each a contingent right to one common share, vesting in full at the next annual meeting or on July 31, 2027. On July 29, 2026, 1,998 restricted stock units vested and were converted into 1,998 shares of common stock at no cash cost, increasing his directly held common shares to 3,622.
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Insider Trade Summary
Net Buyer: 1,998 shares
Net Buy
3 txns
Insider
MOSLEY WILLIAM D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F3, F4, F5 | 1,623 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F2 | 1,998 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1, F2 | 1,998 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,623 shares (Direct);
Common Stock — 3,622 shares (Direct)
Footnotes (5)
- F1. Each restricted stock unit was the economic equivalent of one share of common stock. The restricted stock unit vested on July 29, 2026.
- F2. Expiration Date of July 29, 2026.
- F3. Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
- F4. Restricted Stock Units granted upon re-election to Cirrus Logic, Inc.'s Board of Directors.
- F5. 100% of the restricted stock units will vest on the earlier of: (a) the date of the Company's next Annual Meeting or (b) on July 31, 2027, the 1-year anniversary of the grant date.
Key Figures
RSUs granted: 1,623 units
RSUs vested and converted: 1,998 units
Common shares acquired from RSUs: 1,998 shares
+2 more
5 metrics
RSUs granted
1,623 units
Restricted Stock Units granted on July 31, 2026 to director William D. Mosley
RSUs vested and converted
1,998 units
Restricted Stock Units that vested and were converted into common stock on July 29, 2026
Common shares acquired from RSUs
1,998 shares
Common stock issued upon RSU vesting on July 29, 2026 at $0.0000 per share
Direct common shares after transaction
3,622 shares
Directly held Cirrus Logic common stock following the July 29, 2026 conversion
New RSU vesting percentage
100%
Portion of the 1,623 new RSUs that will vest at the next Annual Meeting or on July 31, 2027
Key Terms
Restricted Stock Units, economic equivalent, contingent right to receive, Expiration Date
4 terms
Restricted Stock Units financial
"Restricted Stock Units granted upon re-election to Cirrus Logic, Inc.'s Board of Directors"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
economic equivalent financial
"Each restricted stock unit was the economic equivalent of one share of common stock"
contingent right to receive financial
"Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock"
Expiration Date financial
"Expiration Date of July 29, 2026"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did Cirrus Logic (CRUS) director William D. Mosley receive?
Cirrus Logic director William D. Mosley received a grant of 1,623 restricted stock units on July 31, 2026. Each unit is a contingent right to receive one share of Cirrus Logic common stock, awarded in connection with his re-election to the company’s Board of Directors.
When do William D. Mosley’s new RSUs at Cirrus Logic (CRUS) vest?
All 1,623 newly granted RSUs vest 100% on the earlier of Cirrus Logic’s next Annual Meeting or on July 31, 2027. That date represents the one-year anniversary of the grant, creating a single cliff-vesting event tied to the board member’s current term.
What is a restricted stock unit (RSU) in this Cirrus Logic (CRUS) filing?
In this filing, each restricted stock unit is described as the economic equivalent of one share and a contingent right to receive one share of Cirrus Logic common stock. Units convert into stock upon vesting, with no cash exercise price shown in the transactions.